Tennessee State Budget

Tennessee Governor Bill Haslam has signed the state's more than $31 billion dollar annual spending plan. The budget includes a reduced sales tax on groceries, an increase in the exemption for the inheritance tax, and enhanced penalties for gang and gun crimes.

Tennessee Republican Governor Bill Haslam is proposing a greater reduction in the states' sales tax on groceries as part of his final amendment to his annual spending plan. Haslam says he’s included an additional $3.3 million dollars in the budget proposal to drop the state sales tax on groceries from 5.5 percent to 5.25 percent.